sudhannayak

Adaniports in a down trend and Target 407 - 396 - 374

Short
sudhannayak Updated   
NSE:ADANIPORTS   ADANI PORT SPECIAL
Adaniports in a down trend and Target 407 - 396 - 374

Please check the chart and analyze the movement.

It is a zigzag correction. And a previous trend is a downtrend.

And we already was expecting to go down and it shown one good bearish candlestick. Check the chart.

From this, we can take our positions.

T1 - 407
T2 - 396
T3 - 374 - T3 has to be analyzed before taking position.
Trade closed: target reached:
Only T1 was achived.
As it did not stay below T1, so closed and taken profit.
Trade closed: target reached:
The target T2 has reached and the trade is closed.

Now talking about T3, need to analyze and confirm before we go to T3.
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